Stockholders' and Members' Equity (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Schedule of Changes in Outstanding Stock

The following table reflects the changes in our outstanding stock:

	Successor
	Class A		Class B-1		Class B-2		Class V		Class Z
Balance at July 1, 2021		438,968,920		4,990,453		4,990,453		77,459,687		5,595,577
Warrant redemption		15,315,429		—		—		—		—
Issuance for compensation to non-employees(1)		26,398		—		—		—		—
Shares granted upon vesting		1,972,134		—		—		—		—
Balance at December 31, 2021		456,282,881		4,990,453		4,990,453		77,459,687		5,595,577

(1)Issued to certain members of the Board of Directors in lieu of cash retainer.

Schedule of Changes in Accumulated Other Comprehensive Income (Loss) by Component

Changes in accumulated other comprehensive income (loss), net of noncontrolling interests and tax, are as follows (in millions):

	Predecessor
	Foreign
	Currency			Interest
	Translation			Rate
	Adjustments			Swaps(1)			Total
Balance at December 31, 2018	$	(9	)	$	12		$	3
Other comprehensive (loss) income before reclassifications, net of tax		6			(30	)		(24	)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax		—			(4	)		(4	)
Net current period other comprehensive (loss) income		6			(34	)		(28	)
Balance at December 31, 2019	$	(3	)	$	(22	)	$	(25	)
Other comprehensive (loss) income before reclassifications, net of tax		8			(47	)		(39	)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax		—			22			22
Net current period other comprehensive (loss) income		8			(25	)		(17	)
Balance at December 31, 2020	$	5		$	(47	)	$	(42	)
Other comprehensive (loss) income before reclassifications, net of tax		8			9			17
Amounts reclassified from accumulated other comprehensive income (loss), net of tax		—			14			14
Net current period other comprehensive (loss) income		8			23			31
Balance at June 30, 2021	$	13		$	(24	)	$	(11	)
	Successor
	Foreign
	Currency			Interest
	Translation			Rate
	Adjustments			Swaps(1)			Total
Balance at July 1, 2021	$	—		$	—		$	—
Other comprehensive income (loss) before reclassifications		—			(9	)		(9	)
Tax benefit		—			2			2
Other comprehensive income (loss) before reclassifications, net of tax		—			(7	)		(7	)
Amounts reclassified from accumulated other comprehensive loss		—			(1	)		(1	)
Tax expense		—			—			—
Amounts reclassified from accumulated other comprehensive loss, net of tax		—			(1	)		(1	)
Net current period other comprehensive income, net of tax		—			(8	)		(8	)
Balance at December 31, 2021	$	—		$	(8	)	$	(8	)

(1)Reclassifications from this category are recorded in Interest expense. See Note 13 “Derivative Financial Instruments” for additional information.